About Higrid Imaging Solutions Private Limited
Data last updated:
Higrid Imaging Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the commercial printing services segment of the media and publishing sector. It was incorporated on 07 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U22219KA2013PTC069574. Its GSTIN is 29AADCH1898K2ZY (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Dhanya Mathew and Harrish Francis Mathew.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 8 Ground And First Floor Of John Avenue Singasandra Begur Hobli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.73 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹17.66 Lakh (net margin 3.1%) and EBITDA of ₹72.94 Lakh (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.35 Cr and satisfied charges of ₹1.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website higrids.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 8 Ground And First Floor Of John Avenue Singasandra Begur Hobli, Bangalore, Karnataka, India – 560068
- IndustryMedia and Publishing, Commercial Printing Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Higrid Imaging Solutions Private Limited
The main business activity of Higrid Imaging Solutions is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Higrid Imaging Solutions Private Limited FY 2025 filings available
Higrid Imaging Solutions Private Limited reported revenue of ₹5.73 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Higrid Imaging Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 21% fall in the latest year. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Higrid Imaging Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹72.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.66 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Higrid Imaging Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Higrid Imaging Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Commercial Printing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vertex Graphics Process Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Emerging Graphics (I) Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Sree Vasaa Printech Private Limited | •••• | •••• | •••• | •••• | - | Tirupur, Tamil Nadu, India |
| Pretty Signs Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| LDB Laminators Private Limited | •••• | •••• | •••• | •••• | - | Ambala, Haryana, India |
| Higrid Imaging Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Rangoli Paper Products Private Limited | •••• | •••• | •••• | •••• | - | Gwalior, Madhya Pradesh, India |
| Newgen Books Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Calcutta Art Studio Pvt Ltd | •••• | •••• | •••• | •••• | 18 | Kolkata, West Bengal, India |
| Golden Press Private Limited | •••• | •••• | •••• | •••• | 12 | Hyderabad., Telangana, India |
| Bakshi Mark Private Limited | •••• | •••• | •••• | •••• | 18 | Paschim Vihar, Delhi, India |
Peers are the five companies nearest above and the five nearest below Higrid Imaging Solutions by revenue in the Media and Publishing industry (Commercial Printing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions Private Limited is audited by K.V.JIJIMON for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.V.JIJIMON | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanya Mathew Also directs: Higrid Display Solutions Private Limited | Director | 07 Jun 2013 | 13 Years 4 Months | Current |
| Harrish Francis Mathew Also directs: Higrid Display Solutions Private Limited | Director | 07 Jun 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Higrid Imaging Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Higrid Imaging Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2024 | State Bank of India | ₹64 Lakh | Open |
| 31 Jan 2024 | Sidbi | ₹45.87 Lakh | Open |
| 17 Mar 2023 | Others | ₹25 Lakh | Open |
| 20 Oct 2021 | Sidbi | ₹33.82 Lakh | Satisfied |
| 12 Sep 2018 | State Bank of India | ₹59.3 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions Private Limited has a workforce of 21 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
Recent Activity on Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Kolar Ramamurthy Sripathy ceased to be Director on 20 Mar 2018.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Higrid Imaging Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Higrid Imaging Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Higrid Imaging Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH1898K2ZY | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Higrid Imaging Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Higrid Imaging Solutions Private Limited
Higrid Imaging Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in commercial printing services, within the media and publishing industry. It was incorporated on 07 June 2013 (13+ years old) and is registered under CIN U22219KA2013PTC069574.
Higrid Imaging Solutions reported revenue of ₹5.73 Cr for FY 2025 (down 21% YoY).
Higrid Imaging Solutions has 2 current directors:
- Dhanya Mathew - Director
- Harrish Francis Mathew - Director
Higrid Imaging Solutions reported a net profit of ₹17.66 Lakh (net margin 3.1%) and EBITDA of ₹72.94 Lakh (EBITDA margin 12.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Higrid Imaging Solutions is 4% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Higrid Imaging Solutions is 29AADCH1898K2ZY, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Higrid Imaging Solutions is U22219KA2013PTC069574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Higrid Imaging Solutions was incorporated on 07 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Higrid Imaging Solutions by revenue are Vertex Graphics Process Private Limited, Emerging Graphics (I) Private Limited, Sree Vasaa Printech Private Limited, Pretty Signs Private Limited, LDB Laminators Private Limited and 5 more, all in the Media and Publishing industry (Commercial Printing).
Kolar Ramamurthy Sripathy ceased to be Director on 20 Mar 2018. Dhanya Mathew was appointed as Director on 07 Jun 2013. Harrish Francis Mathew was appointed as Director on 07 Jun 2013.
Higrid Imaging Solutions can be reached through the website higrids.com. Its registered office is in Bangalore, Karnataka, India.